The City of Melbourne has announced its biggest ever budget of $619 million for 2019–20, to help make our city more liveable and prosperous as it rapidly grows.
The draft Budget includes a record $453 million for programs and services, a fully-funded $166 million capital works program, and an underlying surplus of $15.03 million.
Among the major projects to be funded, the city will get on with the renewal of Queen Victoria Market, spending $15 million in 2019-20, including $6.5 million for the staged, onsite restoration of the historic sheds.
A further $4.5 million has been assigned to create a master plan for the restoration of Melbourne Town Hall.
The draft Budget also includes significant investments to build on the city’s ongoing commitment to families, arts and culture, greening the city and supporting people experiencing homelessness.
Here are 10 highlights of the draft Budget for 2019–20, which will help us continue to create a city for people.
Families will see $9.3 million invested to complete the redevelopment of Lady Huntingfield Children’s Centre and deliver more early education and childcare places to make sure kids get the best start in life.
Council will also spend $1.8 million to progress the fit-out of the $70 million Munro development at Queen and Therry streets.
A further $1 million will go towards planning and design for the $40 million renewal of Kensington Community Recreation Centre, and upgrade sporting pavilions, courts and equipment.
Council will invest more than $29 million to create more places for people to exercise, play and relax in the city, including two and a half hectares of open space on Southbank Boulevard and a new park on Market Street.
Council will invest $2.8 million for key knowledge sector events and services to bolster the growth and reputation of the jobs of the future.
This includes support for Melbourne Knowledge Week, and for the renewal of traditional and digital library collections across the City of Melbourne’s six libraries.
Urban forest, water and climate change
Council will invest $19.1 million in capital works to respond to the impact of climate change, manage parklands and urban forests, and conserve and recycle water.
This will include infrastructure upgrades across 480 hectares of parks and gardens, and funding to plant at least 3400 trees and care for the more than 80,000 trees the city manages.
The City of Melbourne will upgrade, maintain and install priority city safety and security measures across the central city with an investment of $29 million.
This includes $26.6 million in Victorian Government grants to undertake the Victorian Government’s $50 million central city security upgrade project and $2.6 million for key city safety infrastructure.
The City of Melbourne will continue to bring the community together with an investment of $3.2 million in community events and festivals.
A further $1 million will be spent on small business, retail and hospitality, to provide grants, sponsorship, night-time activations and events that boost the economy.
Melburnians will see $28.2 million spent on capital works projects dedicated to walking, cycling and public transport as part of our 10-year plan to move commuters and pedestrians safely and more efficiently through the city.
This will include streetscape improvement works on the southern end of Elizabeth Street, where more than 9300 pedestrians use footpaths during the morning peak.
Council will invest $1.9 million in homelessness services, including the Salvation Army’s Night Time Safe Place cafe and the Melbourne City Mission’s youth homelessness services on King Street.
The centre provides free all-day breakfast, shower facilities, toiletries, underwear and socks, and helps people access doctors, dentists, legal advice, computers, iPads and Centrelink support.
Council will continue its annual spend of $24 million on waste and recycling services, and will spend $900,000 to deliver the
first year of its Waste and Resource Recovery Strategy.
Over the last financial year, the City of Melbourne collected 30,000 tonnes of residential waste and 11,000 tonnes of residential recycling, emptied 2000 bins each day and swept 312km of roads each week.
Major events and arts
Ratepayers can expect $18.4 million invested in major events including New Year’s Eve, Moomba Festival, Christmas, Melbourne Fashion Week and Melbourne Music Week.
A further $16.3 million will be allocated to the recurrent Arts Melbourne program, which includes arts grants programs and programs for children and young people through ArtPlay and Signal.
To find out more, and see how we’re performing against the Council Plan 2017–21, visit Budget.